An entertainment complex "Vernissage" was sold in Riga. It is located in the center of the city at street Tērbatas 2. The property was purchased by a group of Russian investors for 6,746,918 lats (€9.6 million). Entertainment center "Vernissage" consists of land area 4689 sq.m and a building complex. Currently premises are leased by several restaurants and a club, according to the portal ee24.com.
The new owners will retain its original function. After the reconstruction and modernization of the building premises will be leased to companies in various fields that will offer visitors a cultural center and leisure activities at the highest level.
Recently, significantly increased investor interest in the acquisition of quality properties in the active center of Riga. This is due to the decrease of free commercial space and an increase in the rent, which provides investors with an attractive level of profitability.